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Pollard Banknote’s Record-Breaking First Quarter

Pollard Banknote’s Record-Breaking First Quarter

Pollard Banknote (TSE:PBL) has released an update.

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Pollard Banknote Limited reported a strong start to 2024 with first-quarter revenue rising to $125.7 million and combined sales hitting a new Q1 record of $151.2 million, marking a 5.4% increase from the previous year. Income from operations more than doubled to $13.4 million, while a new high was reached in adjusted EBITDA at $23.7 million, reflecting robust demand in lottery and gaming, and the successful repricing of instant ticket contracts.

For further insights into TSE:PBL stock, check out TipRanks’ Stock Analysis page.

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